WPR with 2 Moving Averages m
- Indicators
- DMITRII GRIDASOV
- Version: 1.7
- Updated: 11 April 2024
- Activations: 10
Forex Indicator "WPR and 2 Moving Averages" for MT4
- WPR itself is one of the best oscillators for scalping
- "WPR and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of WPR oscillator
- Indicator gives opportunities to see the price corrections very early
- It is very easy to set up this indicator via parameters, it can be used on any time-frame
- You can see Buy and Sell entry conditions on the pictures
- Consider Buy (Sell) signal conditions:
- (1) -fast MA crosses slow MA upward (downward) and WPR value is below (above) -50 value: open Buy (Sell) trade
- (2) - WPR value is in overbought zone above -20 (in oversold zone below -80): exit from Buy (Sell) trade
// More great Expert Advisors and Indicators are available here: https://www.mql5.com/en/users/def1380/seller
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